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Circle's Senior Director of Strategy and Policy, Patrick Hansen, stated that after the comprehensive implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), licenses have been issued for 35 electronic currency tokens from 21 issuers, and local issuers are making good progress. Patrick Hansen pointed out that the strict regulations of MiCA have made it impossible for most major stablecoin issuers, including Tether, to meet operational requirements. Currently, only USDG, USDC, and EURC comply with the framework's requirements, while other stablecoins fall outside the scope of MiCA, leaving EU users unprotected or unable to access services.He believes that the upcoming review of MiCA should address this issue and provide a more pragmatic operational pathway for foreign issuers. The EU's Directorate-General for Financial Stability, Financial Services, and Capital Markets Union launched a public consultation on May 20 to assess whether the current framework is still applicable, with the consultation running until September 30.

AI personal assistant startup Pally announced the completion of a $5.2 million financing round, led by Cyber Fund and Y Combinator, with participation from Pioneer Fund, Founders Inc, 468 Capital, and angel investors. The company is valued at $30 million, and its main business is providing AI personal assistant services through a messaging interface.Pally was launched in 2025, with the latest version going live in June, capable of syncing with platforms like Gmail, Outlook, Slack, Granola, and Notion. After user authorization, Pally can book flights, manage inboxes, reply to messages, and make restaurant reservations. Pally utilizes Anthropic's Claude, OpenAI's ChatGPT, as well as open-source models like Kimi K3 and GLM 5.2. Co-founder Haz Hubble stated that the company will not sell user data and will not use related data to train models.

Google's parent company Alphabet's massive bond issuance attracted about $115 billion in subscription demand.

The Ethereum Foundation has released a job posting for a Protocol Security Researcher, part of the protocol security team, responsible for identifying security vulnerabilities in various aspects such as the execution layer, consensus layer, network layer, specifications, and client implementations. The work includes AI-assisted security research and automated vulnerability discovery, hard fork reviews, fuzz testing tool development, manual audits of protocol changes, and coordinating vulnerability disclosures.The team requires candidates to have deep experience with the Ethereum protocol, with a preference for engineers who have actively participated in protocol development and are familiar with the specifications of the execution layer or consensus layer. Common programming languages include Go, Rust, Java, C#, Nim, and Python. Remote work is available, and the position is open to candidates in Europe and globally.

According to CoinDesk, Summer Mersinger, CEO of the Blockchain Association and former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), published an article responding to the Wall Street Journal's editorial on August 4, accusing it of a fundamental misreading of the Clarity Act.Mersinger stated that the bill explicitly prohibits stablecoin rewards that are equivalent to bank deposit interest but allows for rewards similar to credit card points and user behavior-based incentive mechanisms. From the perspective of DeFi regulation, Section 10301 of the bill requires the SEC to establish regulatory rules for protocols that are "nominally decentralized and substantially controllable," which does not equate to regulatory exemption; Section 10201 includes digital commodity brokers under all reporting obligations of the Bank Secrecy Act and allocates $3 billion for state-level enforcement, contrary to the Wall Street Journal's accusations of insufficient regulation of illegal finance.Addressing concerns about the "shadow market" for tokenized securities, Mersinger emphasized that Section 10505 of the bill clearly states that securities remain subject to SEC oversight even after settlement on the blockchain. She believes that the Wall Street Journal is essentially defending the monopoly position of traditional financial institutions, which conflicts with the free market principles that the paper has consistently advocated.

According to Gate's latest weekly report, the Federal Reserve maintained interest rates, but hawkish expectations have risen. The high interest rate environment combined with the deleveraging effects of derivatives has put overall pressure on the crypto market, with BTC and ETH dropping approximately 2.8% and 3.6%, respectively. Meanwhile, U.S. stocks continued to recover last week. In terms of capital flow, BTC spot ETFs have turned to net outflows, while ETH spot ETFs still maintain a slight net inflow, showing some resilience in institutional capital allocation.On-chain, PancakeSwap's weekly trading volume surpassed Uniswap, and the Robinhood Chain, RWA, and Meme ecosystems remain active. In the derivatives market, BTC open interest (OI) rose and then fell, with funding rates remaining positive, and DVOL continuing to decline, while the market overall still maintains high-level fluctuations.In response to the evolving macro policies, institutional capital flows, and on-chain ecosystems, Gate is continuously building a multi-asset trading system covering digital assets, stocks, indices, foreign exchange, and commodities. Relying on institutional-level trading, liquidity, custody, lending, asset management, and API services, it provides professional investors with a one-stop institutional solution.At the same time, Gate is continuously improving its global institutional ecosystem layout, strengthening trading execution efficiency, cross-market liquidity, and risk management capabilities, helping institutional clients respond more efficiently to market fluctuations and seize global asset allocation and structural trading opportunities.

According to Jinshi reports, the governor of the Yaroslavl region in Russia stated that a local oil refinery caught fire after a drone attack.

According to Jinshi reports, the latest sanctions by the UK government target Russian ships and companies, including several banks and industrial groups.

According to Jinshi reports, Ukrainian President Zelensky stated that Ukraine has launched attacks on two Russian oil refineries.

According to a report by China News Service, Russian President Putin signed a law on the 4th to comprehensively regulate digital currencies and digital rights in Russia. Relevant documents have been published on the Russian legal information website. The law clarifies the operational rules for cryptocurrency exchange platforms, digital asset custodians, and other market participants, and regulates the conditions under which investors can purchase cryptocurrencies.The law regulates relationships related to the circulation, accounting, and storage of digital currencies and foreign digital tools, as well as activities related to "mining," and the issuance and circulation of digital rights. It also stipulates the regulation of the business operations of information system operators for issuing digital financial assets, cryptocurrency exchange institutions, digital asset custodians, brokers, asset management companies, trading organizers, and clearing institutions. According to this law, Russian citizens can legally invest in cryptocurrencies through exchanges within Russia and use services provided by brokers, trust managers, asset management companies, and cryptocurrency exchange institutions when conducting cryptocurrency transactions and related operations.The registration and custody of cryptocurrencies will be the responsibility of relevant digital custodians approved by the Central Bank of Russia, and market participants must comply with strict information security requirements. The Central Bank of Russia will also establish a registration list for cryptocurrency exchange institutions, which will include credit institutions and brokers under a filing system for management. This law will officially take effect on September 1, but some provisions will be implemented on July 1, 2027, or September 1, 2027.

According to Jinshi reports, the latest 24-hour situation tracking of the Russia-Ukraine conflict shows that Ukrainian President Zelensky stated that the supply of Ukraine's air defense systems has decreased by two-thirds compared to last year. In the Kyiv region, 16 people have died, and the number of injured has risen to 36.The Russian Ministry of Defense claimed to have damaged three ships near Odessa and disrupted logistics hubs in Kyiv and its surrounding areas. In addition, French President Macron and European Commission President von der Leyen both stated that they would continue to increase pressure on Russia, with the latter also mentioning that an additional 1.4 billion euros would be allocated to Ukraine from the profits of frozen Russian assets.

According to official news, the Ethereum Foundation's "Trillion Dollar Security" (1TS) has announced a special grant to the Freedom of the Press Foundation (FPF) to support the ongoing development of the open-source tool WEBCAT, aimed at addressing the long-standing front-end code verification security gap in Ethereum wallets and decentralized applications (DApps).WEBCAT (Web-based Code Assurance and Transparency) is an open-source tool designed to help browsers verify whether the code loaded by a website matches the version publicly released by the developer.This funding will promote the expansion of WEBCAT to Ethereum wallets and application scenarios, enabling users to verify whether the front-end pages they access have been tampered with.The Ethereum Foundation stated that while HTTPS can verify the website a user is connected to and encrypt communication, it cannot prove that the front-end code actually running on the website is the same version released by the developer. If an attacker controls the website's front-end code, they may modify the transaction receiving address without the user's knowledge or induce the user to sign transactions that do not match the content displayed on the page.The Ethereum Foundation noted that front-end attacks have become a significant security risk for blockchain infrastructure, with malicious modifications to web interfaces potentially leading to supply chain attacks, DNS hijacking subsequent attacks, and user interface deception.WEBCAT was initially developed by the Freedom of the Press Foundation to enhance the code credibility of secure communication systems like SecureDrop.With this expansion into the Ethereum ecosystem, it will complement security measures such as "Clear Signing" in the 1TS program: the former helps wallets confirm that the application front-end has not been tampered with, while the latter helps users understand the transaction content they are approving.

Earlier today, the Hong Kong Stock Exchange disclosed that the long position ratio of H&H International Investment, managed by Duan Yongping, in Pop Mart International Group Limited decreased from 7.65% to 5.55% as of July 30, 2026.According to the detailed interpretation of the announcement, this reduction was caused by the exercise of sold call options. Duan Yongping holds the underlying shares of Pop Mart through H&H International Investment while selling call options to earn premiums. After some calls expired and were exercised on July 30, Duan Yongping had to deliver shares at the agreed price, resulting in a decrease in physical holdings, and the disclosed long position ratio fell from 7.65% to 5.55%.This time, Duan Yongping had some calls expire and be exercised, delivering part of the shares at an average settlement price of approximately HKD 162.50, resulting in a net decrease of about 8.9328 million shares in physical holdings. Additionally, the expiration or conversion of other option positions contributed to the overall decline in the disclosed total long position ratio.Duan Yongping is accustomed to using sold options to enhance returns or build positions, and he has previously engaged in similar operations with stocks like Apple. On July 23, Duan Yongping had just responded to investors on Xueqiu, stating, "Pop Mart has just started buying, and it is highly likely that I won't sell within the next 10 years." The decrease in ratio this time is mainly due to passive reduction caused by option settlements, rather than actively selling in the market. The actual decrease in physical holdings is also not as exaggerated as the disclosed ratio suggests, as the disclosed long position ratio also includes the impact of related derivative positions.

According to Jinshi reports, French President Macron stated that the EU and its partners will continue to increase pressure on Russia, including through sanctions.

According to Jinshi reports, the Russian Ministry of Defense stated that the Russian military struck three ships carrying Ukrainian military cargo in the Black Sea.

According to Jinshi reports, the European Union has obtained 1.4 billion euros in revenue from frozen Russian assets to support Ukraine.

Switzerland provides a regulatory path for anti-money laundering for crypto businesses through the Self-Regulatory Organization (SRO) model. Smaller crypto exchanges, brokers, and custodial wallet providers join the SRO under the framework authorized by the Swiss Financial Market Supervisory Authority (FINMA), which reviews their anti-money laundering control measures.When crypto businesses engage in financial intermediation activities such as token exchange, customer wallet custody, or payment token issuance in Switzerland, they must obtain a full license from FINMA or join an SRO. VQF, PolyReg, ARIF, and SO-FIT are responsible for supervising most crypto activities, and the review is usually completed within 2 to 4 months after the company submits its business plan, organizational structure, and anti-money laundering procedures.PolyReg, VQF, ARIF, and SO-FIT have jointly raised the minimum regulatory standards for virtual asset service providers at the beginning of 2026, covering transaction monitoring, blockchain analysis, and technical controls. The Swiss Federal Council initiated a consultation on new licensing categories for crypto custody, trading infrastructure, and payment tool issuance under the Financial Institutions Act at the end of 2025.